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Oracle 1Z0-1053-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Core Benefits Setup | 10% | - Understand Oracle Benefits Cloud architecture - Define carrier and third-party integrations - Configure organization and plan year structures - Set up benefit plan components and hierarchies |
| Benefits Design and Configuration | 30% | - Set up benefit classifications and plan types - Configure eligibility profiles and rules - Define rate definitions and contribution calculations - Plan and configure benefit plans and options |
| Enrollment and Life Events | 25% | - Set up enrollment periods and open enrollment - Handle dependent and beneficiary management - Manage life events and qualifying event processing - Configure enrollment rules and default elections |
| Reporting and Administration | 15% | - Administer benefit elections and updates - Manage self-service benefit enrollments - Create and manage benefit reports and analytics - Configure flex credit and cost sharing |
| Integration and Data Migration | 20% | - Configure fast formulas for benefit calculations - Manage benefit data migration and bulk loading - Integrate Benefits with HCM payroll and HR - Set up HR and payroll integration flows |
Oracle Benefits Cloud 2023 Implementation Professional Sample Questions:
Year Period attachment
- A. Plan, Option
- B. Hours Worked, Full-time Equivalent, Compensation
- C. Explicit, Temporal, Scheduled, Unrestricted
- D. Can Be Defined In Spending Options
Correct Answer: A 🗳️
How many life events can be included in a collapsing rule?
- A. 7
- B. 8
- C. 12
- D. 10
Correct Answer: D 🗳️
Your customer wants to create an explicit life event that can be used only in two specific legal entitles. How do you accomplish this requirement?
- A. On the Create Life Event page under Additional Information, select the Self-Assigned check box and add specific legal entities.
- B. On the Create Life Event page under General Information, leave the Global check box blank and add specific legal entities.
- C. On the Create Life Event page under General Information, select the Global check box and add specific legal entities.
- D. On the Create Life Event page under Additional Information leave the Self-Assigned check box blank and add specific legal entities.
Correct Answer: A 🗳️
Intervening life event backed out open event
- A. Termination life event configuration
- B. Rate visibility issue
- C. Termination life event configuration
- D. Reinstatement rule events
Correct Answer: C 🗳️
Plan Configuration, Evaluation and Reporting
- A. Tasks to prepare for open enrollment
- B. Number of train stops on benefits enrollment page
- C. Valid type of life event
- D. Overspending in flex credit shell plans
Correct Answer: A 🗳️
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